CITY OF EL PASO, TEXAS
LEGISTAR AGENDA ITEM SUMMARY FORM
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Details
All Districts
Human Resources, Mary Michel, (915) 212-1267
Purchasing & Strategic Sourcing, Bruce D. Collins, (915) 212-1181
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AGENDA LANGUAGE:
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Title
The linkage to Strategic Plan is subsection 6.2 - Implement employee benefits and services that promote financial security.
Award Summary:
Discussion and action on the award of Solicitation No. 2021-0806R Benefit Consulting Services to HUB International Texas, Inc., for an initial term of five (5) years for an estimated amount of $875,000.00. The award also includes, two (2), two (2) year options for an estimated amount of $700,000.00. The total contract value is, including the initial term plus options is nine (9) years, for an estimated amount of $1,575,000.00. This contract will allow the City of El Paso to obtain general benefit consulting advice.
Contract Variance:
The difference in price, based on comparison to the previous contract is as follows: A blended hourly increase of $295.00, which represents a 21% increase due to additional services and rate increases.
Department: Human Resources
Award to: HUB International Texas, Inc.
Fort Worth, TX
Item(s): All
Initial Term: 5 years
Option to Extend: 2 terms of 2 years
Annual Estimated Award: $175,000.00
Initial Term Estimated Award: $875,000.00 (5 years)
Option Terms Estimated Award: $700,000.00 (4 years)
Total Estimated Award: $1,575,000.00 (9 years)
Account No.: 209-3500-14045-521160-P1414
Funding Source Self Insurance Fund
District(s): All
This is a Request for Proposal, requirements contract....
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